LightSpeed, a Montreal software company revolutionizing the in-store shopping experience, today announced the launch of LightSpeed Cloud, a web-based retail management and point of sale (POS) solution that boasts a fully-featured iPad app, as well as the acquisition of MerchantOS.

LightSpeed Cloud uses HTML5-based interfaces, making the solution device-agnostic so that retailers can manage sales, inventory, and reporting from their web browser and computer of choice. LightSpeed Cloud joins LightSpeed Pro™ as part of the company’s growing software suite that simplifies store and inventory management for retailers. LightSpeed solutions power 15,000 store locations around the world, representing more than 100% growth from one year ago.

The addition of MerchantOS to the LightSpeed Cloud team enhances LightSpeed’s leadership of the rapidly growing inventory-centric retail software market and expands LightSpeed’s customer base by over 2,400 locations.

“With LightSpeed Cloud, our product suite now allows an entirely new set of retailers, regardless of platform, to more efficiently manage their businesses,” said Dax Dasilva, founder and CEO of LightSpeed. “This new technology, particularly LightSpeed Cloud for iPad, positions LightSpeed at the forefront of the POS industry with an expanded product offering to help us achieve even greater growth and deliver an even better solution to retailers of all sizes.”

LightSpeed’s Suite of Product Offerings:

LightSpeed Cloud – A secure web- and iPad-based inventory management and POS solution that provides retailers with the speed and flexibility to manage their store in the cloud – anytime and from anywhere.